Raising$150M
Equity0%
Valuationβ
Revenueβ
Team Size15
Founded1991
About Black Diamond Enterprises, Inc., Algoma, WV, USA
PROJECT NAME: ALGOMA COAL REFUSE AND RARE EARTH ELEMENTS PILE
EXECUTIVE SUMMARY
β’ Sector: Mining
β’ Location: Algoma, McDowell County, West Virginia (USA)
β’ Resource Type: Coal with Rare Earth Elements and Graphene
β’ Stage: Exploration completed; Development and production stages now
β’ Compliance Standard: Compliant to NI 43-101 and JORC standards
β’ Key Opportunity: A coal mining site consisting of over 180 acres with more than 4.8 million tons of washable raw subsurface metallurgic coal containing Rare Earth Elements and Graphene with high potential returns on investments ready for development and production.
OVERVIEW
1. To utilize an existing above-surface met coal reserve to produce affordable Graphene and domestically sourced Rare Earth Elements using an environmentally friendly process conducted in an Opportunity Zone.
2. The proven development of affordable Graphene for industry in large quantities through an international partnership of experts in Graphene science, facility design and metallurgical coal products.
3. Extraction of Rare Earth Elements and Precious metals during the Graphene production process, including economically recoverable quantities of Lanthanum, Lithium, Lutetium, Scandium and Silica.
4. Capture of liquid petroleum during the Graphene production process.
5. Creation of Carbon Sequestration Tax Credits under Section 45Q.
KEY HIGHLIGHTS
1. Proven Resource Potential
β’ An NI 43-101 was completed using the market analysis approach with an approximate value of $5.2 Billion USD
β’ Graphene for the replacement of silicone as a coating for microchips. The opportunity is a trillion microchips annually and a three-to-five-year contract. This business will require most of the production capability of one facility. Replacing silicone with this custom Graphene coating lowers costs and improves performance. There is not a competitor in this market.
β’ The 4.8 million tons of coal reserves are committed as the superior feedstock for Graphene products developed for custom industry applications.
2. Strategic Location
β’ Black Diamond Enterprises (BDE) is a Virginia Corporation located in Algoma, McDowell County, West Virginia (USA)
β’ The property is accessible by road, water and railway. Asphalt roads lead to a gravel road which is accessed by passenger vehicles, as well as heavy equipment and trucks used in the mining industry.
β’ By road, Algoma connects with other towns through well paved asphalt roads.
β’ Algoma is a town with modern facilities, safe drinking water source, and 24 hour law enforcement and transport services.
β’ Mobile phone and internet connectivity is high in the Algoma community.
3. Robust Compliance and Verification
β’ The geological and economic feasibility studies are 100% compliant with NI 43-101 and JORC reporting standards.
β’ Business registration certificates, land ownership documents (Deeds), and any other documentation necessary are on file and will be provided at the request of the investor
β’ Emmanuel Sosa, P.G. M.S. is the Geologist who completed and certified the NI 43-101 and is accredited and is experienced in the mining industry.
β’ The Algoma mining site is currently inactive, but the state permits required for the project have been applied for and are expected to be received within the next 6 months, as the site has a long history of mining.
4. Attractive Economic Potential
β’ Norman Mullins, the owner of Black Diamond Enterprises, Inc., has developed proprietary processing and extraction technologies that enable the production of synthetic Graphene and extraction of certain rare earth metals contained in significant quantities within this metallurgical coal feedstock.
β’ Production of a Graphene product for the steel industry that will lower carbon emissions and increase the efficiency of the steel-making process, while lowering costs. It would take the annual production of the first facility to supply the steel industry clients currently on board. There is not a competitor in this market.
β’ Analysis of this metallurgical coal confirms the presence of Lanthanum, Lithium, Lutetium, Scandium and Silica (among other Rare Earth Elements) in amounts feasible to extract.
β’ The construction time will be 7-10 months, with concurrent construction of the two facilities. The extraction facilities will each produce approximately 168 tons of synthetic graphene and 2688 grams of scandium per day.
β’ Processing approximately 100,000 raw tons of coal annually over a 5 year time frame is projected to yield profits of approximately $7,184,450,724 USD.
5. Investment Opportunity
β’ Funding Requirements: $150,000,000
β’ Use of Funds: Immediate purchase of 2 industrial properties and a corporate office building in Southern West Virginia. The buildings will be converted to state-of-the-art graphene and rare metals extraction plants. The funds will also be used to purchase and install all related equipment to produce and package graphene and rare earth metals including necessary laboratory equipment. Other uses of the funding include engineering, permitting, bonding, legal, licensing, and working capital.
EXECUTIVE SUMMARY
β’ Sector: Mining
β’ Location: Algoma, McDowell County, West Virginia (USA)
β’ Resource Type: Coal with Rare Earth Elements and Graphene
β’ Stage: Exploration completed; Development and production stages now
β’ Compliance Standard: Compliant to NI 43-101 and JORC standards
β’ Key Opportunity: A coal mining site consisting of over 180 acres with more than 4.8 million tons of washable raw subsurface metallurgic coal containing Rare Earth Elements and Graphene with high potential returns on investments ready for development and production.
OVERVIEW
1. To utilize an existing above-surface met coal reserve to produce affordable Graphene and domestically sourced Rare Earth Elements using an environmentally friendly process conducted in an Opportunity Zone.
2. The proven development of affordable Graphene for industry in large quantities through an international partnership of experts in Graphene science, facility design and metallurgical coal products.
3. Extraction of Rare Earth Elements and Precious metals during the Graphene production process, including economically recoverable quantities of Lanthanum, Lithium, Lutetium, Scandium and Silica.
4. Capture of liquid petroleum during the Graphene production process.
5. Creation of Carbon Sequestration Tax Credits under Section 45Q.
KEY HIGHLIGHTS
1. Proven Resource Potential
β’ An NI 43-101 was completed using the market analysis approach with an approximate value of $5.2 Billion USD
β’ Graphene for the replacement of silicone as a coating for microchips. The opportunity is a trillion microchips annually and a three-to-five-year contract. This business will require most of the production capability of one facility. Replacing silicone with this custom Graphene coating lowers costs and improves performance. There is not a competitor in this market.
β’ The 4.8 million tons of coal reserves are committed as the superior feedstock for Graphene products developed for custom industry applications.
2. Strategic Location
β’ Black Diamond Enterprises (BDE) is a Virginia Corporation located in Algoma, McDowell County, West Virginia (USA)
β’ The property is accessible by road, water and railway. Asphalt roads lead to a gravel road which is accessed by passenger vehicles, as well as heavy equipment and trucks used in the mining industry.
β’ By road, Algoma connects with other towns through well paved asphalt roads.
β’ Algoma is a town with modern facilities, safe drinking water source, and 24 hour law enforcement and transport services.
β’ Mobile phone and internet connectivity is high in the Algoma community.
3. Robust Compliance and Verification
β’ The geological and economic feasibility studies are 100% compliant with NI 43-101 and JORC reporting standards.
β’ Business registration certificates, land ownership documents (Deeds), and any other documentation necessary are on file and will be provided at the request of the investor
β’ Emmanuel Sosa, P.G. M.S. is the Geologist who completed and certified the NI 43-101 and is accredited and is experienced in the mining industry.
β’ The Algoma mining site is currently inactive, but the state permits required for the project have been applied for and are expected to be received within the next 6 months, as the site has a long history of mining.
4. Attractive Economic Potential
β’ Norman Mullins, the owner of Black Diamond Enterprises, Inc., has developed proprietary processing and extraction technologies that enable the production of synthetic Graphene and extraction of certain rare earth metals contained in significant quantities within this metallurgical coal feedstock.
β’ Production of a Graphene product for the steel industry that will lower carbon emissions and increase the efficiency of the steel-making process, while lowering costs. It would take the annual production of the first facility to supply the steel industry clients currently on board. There is not a competitor in this market.
β’ Analysis of this metallurgical coal confirms the presence of Lanthanum, Lithium, Lutetium, Scandium and Silica (among other Rare Earth Elements) in amounts feasible to extract.
β’ The construction time will be 7-10 months, with concurrent construction of the two facilities. The extraction facilities will each produce approximately 168 tons of synthetic graphene and 2688 grams of scandium per day.
β’ Processing approximately 100,000 raw tons of coal annually over a 5 year time frame is projected to yield profits of approximately $7,184,450,724 USD.
5. Investment Opportunity
β’ Funding Requirements: $150,000,000
β’ Use of Funds: Immediate purchase of 2 industrial properties and a corporate office building in Southern West Virginia. The buildings will be converted to state-of-the-art graphene and rare metals extraction plants. The funds will also be used to purchase and install all related equipment to produce and package graphene and rare earth metals including necessary laboratory equipment. Other uses of the funding include engineering, permitting, bonding, legal, licensing, and working capital.
π£ The Problem
There are not many people producing Graphene on a commercial basis currently.
π‘ Our Solution
We have the technology to be able to extract and manufacture Graphene and other Rare Earth Elements.
π° Financial Highlights
Attractive Economic Potential
β’ Norman Mullins, the owner of Black Diamond Enterprises, Inc., has developed proprietary processing and extraction technologies that enable the production of synthetic Graphene and extraction of certain rare earth metals contained in significant quantities within this metallurgical coal feedstock.
β’ Production of a Graphene product for the steel industry that will lower carbon emissions and increase the efficiency of the steel-making process, while lowering costs. It would take the annual production of the first facility to supply the steel industry clients currently on board. There is not a competitor in this market.
β’ Analysis of this metallurgical coal confirms the presence of Lanthanum, Lithium, Lutetium, Scandium and Silica (among other Rare Earth Elements) in amounts feasible to extract.
β’ The construction time will be 7-10 months, with concurrent construction of the two facilities. The extraction facilities will each produce approximately 168 tons of synthetic graphene and 2688 grams of scandium per day.
β’ Processing approximately 100,000 raw tons of coal annually over a 5 year time frame is projected to yield profits of approximately $7,184,450,724 USD.
π Traction & Metrics
Rare earth minerals mined in the US are critical because theyβre essential for high-tech and defense productsβfrom smartphones, EVs, and wind turbines to precision-guided missiles and night-vision goggles. Securing a domestic supply chain strengthens national security, supports clean energy goals, and protects against foreign supply disruptions.
π Use of Funds
ITEMISED USE OF FUNDS
The costs within each category are broken down as follows:
COSTS BY ITEM Total ($)
Purchase Building, McDowell Co. WV - $1,260,000
Purchase Building, Blueο¬eld, WV - $1,620,000
Purchase Building, Corp. Oο¬ce, - $4,180,000
WV Engineering/Permitting - $1,887,600
Mining Reclamation Bond, Algoma - $2,059,200
Road Improvements/Drainage Structures, Algoma - $286,000
Mining Equipment - $4,198,480
Maintenance Shop/Oο¬ce, Algoma $1,258,400
Comminution Equipment - $6,864,000
Metal Extraction Tanks/Equipment - $24,710,400
Graphene Processing Units - $20,592,000
Packaging, Production, Lab Equipment - $12,355,200
Equipment Installation/Construction - $30,316,000
Facility Mobile Equipment - $1,761,760
Legal - $114,400
Insurance - $160,160
License Fee - $858,000
Security - $120,120
Operating Expenses (5 months) - $18,976,625
Subtotal 133,578,345
Contingency for Inο¬ation - $16,457,391
Supply Chain Total ($) 150,035,736
The costs within each category are broken down as follows:
COSTS BY ITEM Total ($)
Purchase Building, McDowell Co. WV - $1,260,000
Purchase Building, Blueο¬eld, WV - $1,620,000
Purchase Building, Corp. Oο¬ce, - $4,180,000
WV Engineering/Permitting - $1,887,600
Mining Reclamation Bond, Algoma - $2,059,200
Road Improvements/Drainage Structures, Algoma - $286,000
Mining Equipment - $4,198,480
Maintenance Shop/Oο¬ce, Algoma $1,258,400
Comminution Equipment - $6,864,000
Metal Extraction Tanks/Equipment - $24,710,400
Graphene Processing Units - $20,592,000
Packaging, Production, Lab Equipment - $12,355,200
Equipment Installation/Construction - $30,316,000
Facility Mobile Equipment - $1,761,760
Legal - $114,400
Insurance - $160,160
License Fee - $858,000
Security - $120,120
Operating Expenses (5 months) - $18,976,625
Subtotal 133,578,345
Contingency for Inο¬ation - $16,457,391
Supply Chain Total ($) 150,035,736
π₯ The Team
N
Norman Mullins, the owner of Black Diamond Enterprises, Inc
π Pitch Materials
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Executive-Summary-BDE-monetization-1.docx
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Timing-and-Use-of-Funds-Graphene-and-Metals-AUGUST-2022.docx-Google-Docs.pdf
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π
Executive-Summary-Graphene-REEs-9-9-22.docx
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π Listing Stats
π Views16
π¬ Interests0
π
Listed1 week ago